Lay and Skilling found guilty of fraud and conspiracy charges

Kenneth Lay and Jeffrey Skilling, both former heads of Enron Corp., were found guilty by a jury on Thursday of conspiracy to commit securities fraud and wire fraud. The trial lasted almost four months, and the jury deliberated for nearly six days. Skilling was convicted of 19 of the 28 counts he was charged with, … Read more Lay and Skilling found guilty of fraud and conspiracy charges